Cramo Oyj - Company Announcement

Cramo Plc's Shareholders' Nomination Committee 2016

Vantaa, Finland, 2016-11-16 08:00 CET (GLOBE NEWSWIRE) -- Cramo Plc    Stock
Exchange Release 16 November 2016, at 9.00 am Finnish time (EET) 

Cramo Plc's Shareholders' Nomination Committee 2016

The General Meeting of Shareholders of Cramo Plc, held on 31 March 2015,
resolved to establish a Shareholders' Nomination Committee for an indefinite
period. The Nomination Committee consists of maximum four members, of which
maximum three represent the company's largest shareholders who, on the last
business day of August preceding the next Annual General Meeting, hold the
largest number of votes calculated of all shares in the company. Should a
shareholder not wish to use its nomination right, the right may be transferred
by the Chairman of the Board of Directors to the next largest shareholder who
would otherwise not have a nomination right. The Chairman of the Board of
Directors shall be a member of the Nomination Committee. The term of office of
the members of the Nomination Committee expires annually when the new
Nomination Committee has been appointed. The Committee is responsible for
preparing annually proposals to the Annual General Meeting for the election and
remuneration of the members of the Board of Directors. 

The shareholders who wished to participate in the work of the Committee have
nominated following members: 

Mikael Moll, Partner, Zeres Capital; Ari Autio, Member of the Board of
Directors of foundation, Rakennusmestarien Säätiö and Esko Torsti, Head of
non-listed investments, Ilmarinen Mutual Pension Insurance Company. In
addition, the Chairman of Cramo Plc's Board of Directors Helene Biström is a
member of the Shareholders' Nomination Committee. Mikael Moll has been elected
as the Chairman of the Nomination Committee. 

CRAMO PLC

Helene Biström
Chairman of the Board of Directors





Further information:

Helene Biström, Chairman of the Board of Directors, tel: +46 70 212 66 31



Distribution:

Nasdaq Helsinki Ltd.
Principal media
www.cramo.com





Cramo is Europe’s second largest rental services company specialising in
construction machinery and equipment rental and rental-related services as well
as the rental of modular space. Cramo operates in fifteen countries and in
about 330 depots. With a group staff around 2.500, Cramo's consolidated sales
in 2015 was EUR 668 million. Cramo shares are listed on the Nasdaq Helsinki
Ltd. 



Read more: www.cramo.com, www.twitter.com/cramogroup